Meats: Commodities in general look to get hammered today and we will seeif the meat sector wants to join the party avoid the long side. The Liveand Feeder Cattle markets have been supported by rumors of Live animaltrade possibly opening up soon but there is no confirmation yet orexpected before the end of year. Secondary tops at lower highs should beforming. Live Cattle targets have been hit on the downside and havewaited for this rally to get short futures. Major support is now peggedat 82.50 and once broken should target the lows in April near 76. FeederCattle has bounced back after the recent washout and we are looking fora lower high to be established and begin short futures work again.Futures traders should be looking at Selling the November contract at111 or better with a stop above the old highs near 113. The market hasbounced off of 4 month lows and is still at historical highs. Oct FeederCattle broke the 110 level and next major support is around the 104level and if this level gets taken out watch for an avalanche ofliquidation. Both Cattle markets are still trading near historical highsand traders should be building long term Put positions or sellingfutures on rallies. The USDA is not doing anything to help detect andprevent Mad Cow disease and if the media where to focus on this Cattleprices would be near historical lows. Oprah should be looking into thecattle industry again. Canada has a record number of cattle waiting tobe delivered. Brazil has overtaken Australia as the world's largestexporter. Large potential on the downside while the markets are stillnear historical highs. December Hogs snapped back some of the recentlosses and should resume the downside shortly. Stay short. Hogs areshowing more signs of weakness after making contact highs. Watch for acorrection down to around the 66 level and a close below there shouldmark a deeper correction to the 60.5 level over the next 2 to 4 weeks.We entered Dec. 65 Cent Lean Hogs Puts at 165 pts on Sept. 21 two daysearly from the contract high. Major support is near 60.5 cents...